For the price, you can't beat SimplyCost. It helps me figure out how much money I am making off certain products and helps me figure out the dollar amount of inventory I have. Plus, the customer service is quick and easy.

Ultimately it's a mediocre solution for a major failing of Shopify. No cost of goods.

It offered reporting, which we don't use, and it lacks the ability to adjust the COG when new inventory is purchased.

It works for now, but we are quickly outgrowing the $4.99 a month value.

Well worth the $4.99 a month. Easy to install and use and the customer service is very prompt with their responses.

Finally, a good application to validate our financial performance. You can not do without this application.

SimplyCost is must have for any Shopify store. if you're new to shopify this is the first app you should install as shopify dont have a Cost of goods sold section. this tool saved me from switching to another provider. its so simple and well worth the $4.99. https://www.industriemusic.com.au/

This app is simple, easy to use, and gets the job done. I would love to see it integrate with shopify in the future to pull in the shipping costs associated with each order to get a more accurate profit reading.

Good app, worth taking a look.

Excellent app to address the COGS deficiency in Shopify. Installation couldn't be easier. Integration with Shopify inventory management is smooth. When you add a product, just go to SimpyCost and click the "Variants without cost" link. All the new products and variants are displayed for you to easily input their costs. It's nice to see my profit in Shopify but the real value is to get the number for input to my accounting system. Rather than per order or even per day which would be a lot of time I make it a weekly task which Simplycost makes very easy. The Simplycost Inventory report is my primary tool for tracking and planning my inventory purchases. This app is great value!

Best App I tried for this. It gave me a whole different vision of my business and allowed to perform better.
The only thing missing would be shipping cost calculation given 3rd party app developers, or with a given rate.
I per example have 2 different rates, but it's not a fixed percentage that I charge my client. one is +20% the other is +35%.

I really enjoy using this app it is a great and very easy to use to manage my cost and profit.. I love it and highly recommend it!